What is Fixed exchange rate system
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Who was responsible for setting the tone for following generations of economists?
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Current account of Indias Balance of State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
what are the techniques of balance of payment?
I have a problem with the satement “Things will look excellent for the US if we could just get to where we are consistently executing a positive Balance of Payments.” Can someone in short comment on this statement?
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